
And you only pay taxes on the gains or losses. In this case, if you sold and took your 2,500 gain, and owned less than months, itll be taxed as regular income. 0 Votes Rating Good Answer Rating Bad Answer Report Abuse by Christopher Member since 04, Total points Level 4 Add to My Contacts Block User In addition to Kays great answer, the reverse is also true.
You tax deduction for any losses, which many of us will be thankful for this year. In this case, if you sold and took your 2,500 gain, and owned less than months, itll be taxed as regular income. by Kevin Member since 28, Total points Level 4 Add to My Contacts Block User In addition to Kays great answer, the reverse is also true. And you only pay taxes on the gains or losses.
You tax deduction for any losses, which many of us will be thankful for this year. 0 Votes Rating Good Answer Rating Bad Answer Report Abuse by Christopher Member since 04, Total points Level 4 Add to My Contacts Block User In addition to Kays great answer, the reverse is also true. If you are trading often, dont sell all shares, only sell 100, which equals your 2,500 gain but taxable its only 500!
